$ 300,000
309 North Street Taft, CA 93268
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$ 300,000
Est. payment | /mo
2,114 SqFt
$ 300,000
Est. payment | /mo
2,114 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 homes on 1 Lot
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,114 sqft
Price per Sqft $141
MLS Listing ID 202411637
Year Built 1982
Property Description
Absolute gem in the foothills of Taft up for grabs. Two homes on one parcel, ready for you to just put the tenants in and collect premium rents. This fantastic opportunity has potential to bring in promising returns; cap rate of 11.7% and 8.4% GRM. Both units have been updated with beautiful waterproof vinyl plank flooring, fresh paint, baseboards, new roof, comes equipped with kitchen appliances and HVAC was also replaced. Both units have laundry hookups, dedicated garages, and separate utility meters. Front House 1,330 sqft, single story, with 3 bedroom 2 bath, and can rent for $1,625 a month. Back house is 748 sqft with 2 bedrooms 1 bath (separate upstairs apartment), and can rent for $1,275 a month, with a combined monthly gross income of $2,900 a month, and $34,800 yearly gross rent. This is an amazing opportunity to add to your portfolio or you can live in one and rent the other one out. Put on your investor hat, call your realtor, and bring your checkbooks. This one won't last
Location
State CA
County Kern
Area 96
Exterior
Garage Garage
Garage Spaces 2.0
Parking On Site 2
Building
Story 1
Schools
Elementary Schools Conley
Middle Schools Lincoln
High Schools Taft
School District Taft City
Listed by Moiz Lakdawala • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "